Bowlmor AMF-Brunswick deal made sense for both parties, sale prospects for Retail Products business hard to figure, equity analyst says
JEFF RICHGELS | Posted: Thursday, July 24, 2014 9:00 am
Rob Plaza, a senior equity analyst with Key Private Bank in Cleveland, appearing on CNBC earlier this year. Photo courtesy Rob Plaza.
The Bowlmor AMF-Brunswick deal made sense for both parties, but sale prospects for Brunswick’s Retail Products business are hard to figure, an equity analyst who has studied the deal told 11thFrame.com.
As I wrote up here, Brunswick announced in a news release last Thursday that it has agreed to sell its Retail Bowling business (85 bowling centers) to Bowlmor AMF for $270 million, and intends to sell its Bowling Products business (balls, machines, lanes, etc.) by the end of 2014....